Atlantic Council News

Africa's spending to exceed $5.6T by 2025: McKinsey

Africa's spending to exceed $5.6T by 2025: McKinsey

Africa’s household and business spending will top $5.6tn by 2025 and its manufacturing output could reach $93bn, according to a new McKinsey & Company report.

Chris Folayan, Founder and CEO, MallForAfrica

The Next Africa: Technology and Business on an Emerging Continent (Video)

People around the world will interact with Africa very differently over the coming decades. They will be more likely to trade stocks in Ghana, work for companies doing business on the continent and learn the names of African tech moguls and billionaires.